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Sunday 17 December 2017

2017-11-20

[N] Akyem Asuom: Ursula Named Nkosuohemaa
[N] Funding for Free SHS not a problem -Assibey Yeboah

2017-11-14

[N] E/R: Driver, 19, Jailed 8 Years For Kidnapping And Defiling Girl, 13
[N] Special Prosecutor could wait till 2019 if parliament misses 2017 passage
[N] Petroleum Revenue Mgt. Act breached for 7-yrs running – PIAC
[N] CEDTAG Strike action leaves colleges of education deserted
[N] Nduom is not presidential material -Maurice Ampaw
[N] Police blame Kasoa violent attacks on under-staffing

2017-11-10

[N] GMA indicts gov't for failing to employ medical doctors
[N] Ministers are not allowed to use sirens; Police order immediate removal
[N] Stay focused and deal with your controversies – Nana Addo to Zoomlion Boss
[N] We will face criminals boot for boots with ‘Father Xmas’ Operation -Ken Yeboah
[N] Step aside – Group to NDC Chairmen
[N] School Feeding Coordinators Trade Insults Over Naabu & Otiko
[N] Major Mahama bill passed

2017-11-09

[N] Free SHS: Ablakwa Donates Furniture to Schools
[N] Girls with excessive make ups may have ovary tumour – doctor
[N] Visitors pay GHc2 to see prisoners
[N] Consider our request to contest 2020 polls -NDC Chairmen to Mahama
[N] Colleges of Education still closed as talks over arrears fail  
[N] Economic policies paying off - Prez
[N] Cancer disfigures head of 2-year old, sticks mother with ¢12,000 bill
[N] There is corruption in police service- COP Ken Yeboah
[N] 3 arrested in Kumasi for robbing, raping victims

2017-11-08

[N] Help Gov’t to achieve its revenue targets -Nana Addo to GHAPOHA
[N] NPA to close down 35 more high-risk LPG stations nationwide
[N] Uber adds Paid Wait Time; additional features for driver-partners
[N] ‘Bawumia is only confident, he knows nothing’- Minority
[N] A/R: Queen mothers grateful to 1st lady for KATH mother & baby unit
[N] If our bond was issued at 20% it would have been oversubscribed- Kwarteng hits b
[N] Tiger Eye F’dation Partners Klarity To Fight Corruption
[N] AG’s application against Indian businessman dismissed again

2017-11-07

[N] Bawumia behaving like a ‘heartless’ serial caller – Ofosu Kwakye
[B] 2018 budget to improve domestic revenue collection
[N] 24,377 cattle, 225 owners registered in Kwahu
[N] New agency inaugurated to boost revenue collection in oil and gas sector
[B] New Drivers’ License to be launched today
[N] Tell the true African stories through your writings – Nana Addo to PAWA
[B] Investor uncertainty, others impacted energy bond  

2017-11-06

[N] Sack Freddie Blay for defending Ayisi Boateng – Alhaji Sani
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Business

[ 2017-05-17 ]

Government’s debt to ECG hits 1.6 billion cedis
Government’s total indebtedness to the Electricity
Company of Ghana (ECG) has hit GH¢1,599,800,195 as
at March 2017.

The figure increased from the GH¢1,390,966,034
recorded as at December 2016.

This also represents a 15 percent increase in the
government’s debts owed the power distributor
between 2016 and March this year.

Government subsidy to some electricity consumers
of about 655 million cedis, was the highest
contributor to the debts owed ECG.

According to the ECG, government’s indebtedness
were accounted for by the Ministries, Department
and Agencies (MDAs), Ghana Water Company Limited
(GWCL) as well as the subsidies provided to some
consumers of electricity.

Debts attributable to government’s subsidies to
some electricity consumers rose from
GH¢573,240,363.58 to GH¢654,574,074.70 between
2016 and March this year.

This went up by 81.3 million cedis representing 14
percent increase.

Also, debts attributable to the Ministries,
Department and Agencies went up from
GH¢542,798,426 to GH¢621,470,595 as at March this
year.

The debt went up by 78.6 million cedis
representing an increase of 14.49 percent.

Similarly, debts attributable to the Ghana Water
Company Limited went up from GH¢274,927,244 in
2016 to GH¢323,755,252 as at the end of March this
year.

This category went up by 48.82 million cedis
representing about 18 percent.

Even though the government had made some payments
between January and March this year for debts owed
by the Ministries, Departments and Agencies, it is
yet to make any payments for debts accumulated due
to subsidies, this year.

Meanwhile, for the first five months (first 19
weeks) of 2017, ECG has collected
GH¢1,974,453,288.10 in debts from consumers.

This translates into an average debt collection
figure of GH¢103,918,594 compared to a target of
GH¢130,000,000.

Source - citibsinessnews.com



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